🧠If we continue to rise according to the falling wedge, then the first thing we need to do is to destroy the short structure, so the short defense point is our first target, and a break here indicates that the short structure is broken. Without the bearish structure in the way, then we will use the double bottom long structure as support to drive up, so after the...
🧠It is not difficult to see this falling wedge pattern in the chart, and we have also experienced a full Elliott pulse wave, and we are currently completing the Elliott correction wave, and if our wave C can successfully break through the inflection point, then a new burst is likely to occur. ⚠️Note that if we do not extend this rally and break below the bullish...
TRADE ALERT!ETH Ticker: ETH/USDT Entry: 2050-2070 Take Profit: 2301-2404 Stop Loss:1846(Daily Close Below this) Risk to reward: 1:2 Technical Thesis:ETHEREUM BIG ASCEMDING TRIANGLE FORMATION
4h time frame - ETH hit the resistance from downtrend line which is the top of a falling channel. ETH stays longer than previous times it reached this downtrend line, this is a sign shows comparable strong information. Therefore, ETH has high possibility to break out this channel, and we can have higher target like 2000 and 2200 if break above the structure....
4h time frame - ETH is creating a falling wedge since 17th April, and just got bounce from wedge bottom at 1520 Assuming ETH is keeping satisfying this structure, then we can set target at wedge top around 1850. Also, 1850 is the 0.382 Fibonacci Projection, which is the PRZ and have possibility to bring ETH down to 1300. Therefore, we can set a trading plan...
BINANCE:ETHUSDT starts to break through the lower zone of a symmetrical triangular figure originated in 2022. If fulfilled, its potential target would be $430. BINANCE:ETHUSDT 1W On the daily chart ETH is immersed in a sideways for two months. It has lost its 200 average and also its medium-term bullish trendline . It would be logical that in the...
#ETHUSDT 1400 is on way.. Short zone and Target Zone already on chart.. if you have any doubt DM me any time..
1h time frame - ETH just broke this falling channel, and it did that broke with a V shape in 15 time frame, refer to our analysis on Bitcoin, doing long is better now. Next, 0.618 and 0.886 Fibonacci Extension assist us to set targets at 1695 and 1734. - TP: 1695 / 1734 SL: 1610
4h time frame - ETH creating a potential bearish harmonic pattern_crab, which utilizes 1.618 Fibonacci Projection of the XA(1745.84~1531.08), the calculated PRZ(Potential Reversal Zone) is around 1880. Also, range 1839~1933 is the resistance zone we talked before, which is made of 0.618~0.786 Fibonacci Retracement, and there is the S/R, too. In conclusion, 1880...
Here is my analysis for ETHUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
BINANCE:ETHUSDT According to my 4-hour ETH analysis, the price is hunting the stop-losses of the previous low-low, and is now consolidating in the 1620-1630 range. The price is expected to move upwards to hunt the liquidity of the upside, as there has been a massive lower-side rejection at the 1611-1598 level in the last 4-hour candle. This indicates that the...
2h time frame - ETH completed trend breaking, and the clear support is 1608(yellow line) According to the continuation possibility and support price, we can set up a trading plan, WHICH target is the reasonable PRZ and also the position that BTC's potential right shoulder top. TP: 1840 SL: 1599
4h time frame - This market tends to fall in near future, but cannot make a huge dump without a continuation structure. Therefore, ETH is creating a potential rising channel or can be defined as a bearish flag, which will provide more momentum for further dump. It's not hard to realize due to concept about "Stop Hunting", market always tries to liquidate as much...
4h time frame - ETH creating a potential falling wedge, also a continuation structure This wedge can be confirmed if go up and reject at 1750~1789 There will be a great price to set short plan, and target is lower 1450 Stay prepared for it
4h time frame - According to the huge rebounce today, ETH has high possibility to retest the uptrend which just got broken om August 18th. Also, there are two reasonable retrace levels and corresponding targets. Retrace 1733 --> Target 1419~1366 Retrace 1846~1866 --> Target 1253 - The targets are matching with our previous harmonic analysis
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 1900 and ~2200 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on...
the second way for ETH is bow tie diametric pattern. it will grows to 50k and 70k and after that start a suitable correction.